24/7 Market News Snapshot 29 September, 2025 – NOVONIX Limited American Depository Shares (NASDAQ:NVX)
DENVER, Colo., 29 September, 2025 (www.247marketnews.com) – (NASDAQ:NVX) are discussed in this article.
NOVONIX Limited (NVX) has experienced a significant trading surge, commencing today’s session at $1.34 before reaching $1.425, reflecting an approximate 16.80% increase. This rise is underpinned by a previous closing price of $1.220, demonstrating substantial upward momentum. Currently, the trading volume stands at 716.55K shares, indicating heightened investor interest and a potential bullish trend. Analysts suggest that should NVX maintain its upward trajectory, it may soon breach critical resistance levels, inviting further buying opportunities. Observing trading volume alongside price movements will be essential for validating sustained strength in the stock, as investors remain vigilant for potential price consolidations or corrections throughout the day.
In tandem with its stock performance, NOVONIX has announced a milestone achievement in its operational capacity. The company has successfully delivered its first mass production sample of synthetic graphite designated for industrial applications, further establishing its role as a critical player in the expanding market for value-added carbon materials. CEO Mike O’Kronley emphasized the significance of this achievement, highlighting the role of continuous graphitization furnace technology that enables the production of industrial-grade products at scale.
The industrial-grade sample is currently in the final qualification phase, setting the stage for future market entry of battery-grade materials. As the qualification process advances, NOVONIX expects to solidify target supply volumes and establish agreements to address burgeoning demand across various sectors. Their Riverside facility is poised to be the first large-scale production site dedicated to high-performance synthetic graphite, with mass production anticipated to commence next year for a leading customer. Furthermore, the company is planning an additional manufacturing plant aimed at scaling production to over 50,000 tonnes annually, underscoring its ongoing commitment to sustainable innovation in the electric vehicle and energy storage industries.